Cryptocurrency Q&A What is the difference between a limit and a stop limit?

What is the difference between a limit and a stop limit?

QuasarPulse QuasarPulse Wed Dec 04 2024 | 7 answers 1196
I want to understand the distinction between a limit and a stop limit. I'm seeking clarification on how these two order types differ from each other in the context of trading. What is the difference between a limit and a stop limit?

7 answers

GinsengGlory GinsengGlory Fri Dec 06 2024
A limit order functions as an instruction to your broker.

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SeoulSerenitySeekerPeace SeoulSerenitySeekerPeace Thu Dec 05 2024
This market order then instructs the broker to buy or sell at the best available market price.

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HanRiverVisionaryWaveWatcher HanRiverVisionaryWaveWatcher Thu Dec 05 2024
It specifies a limit price for buying or selling an asset.

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Margherita Margherita Thu Dec 05 2024
The broker will only execute the order if the asset reaches this price or a more favorable one.

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Elena Elena Thu Dec 05 2024
BTCC, a leading cryptocurrency exchange, offers a range of services.

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